501 Lake Drive, Delray Beach, FL 33444
- $1,077,995
- 2
- BD
- 2
- BA
- 1,297
- SqFt
- Sold Price
- $1,077,995
- List Price
- $1,150,000
- Days on Market
- 7
- Closing Date
- Aug 13, 2024
- MLS#
- R11003298
- Bedrooms
- 2
- Full Bathrooms
- 2
- Sq. Ft
- 1,297
- Subtype
- Single Family Residence
- County
- Palm Beach
- Subdivision
- Totterdale Add
- Year Built
- 1971
Property Description
Seize the opportunity to renovate, build new, or develop an investment property on this expansive 9,375 square foot lot, ideally situated in the coveted Lake Ida neighborhood of Delray Beach. This prime piece of real estate offers the perfect chance to immerse yourself in one of Delray's most prestigious areas, just blocks from the vibrant Atlantic Avenue. Lake Ida is a rapidly growing community, with a surge of new construction projects enhancing its appeal. Newly built homes in the vicinity are commanding prices well over $3 million, underscoring the potential for substantial returns on investment. The property benefits from proximity to numerous local builders, making the development process seamless. Enjoy easy access to an array of area attractions, including fine dining, shopping, entertainment, the renowned Delray Tennis Center, and the pristine beaches that define this Floridian paradise. Whether you envision constructing your dream home or a lucrative investment property, this lot offers the ideal canvas. Embrace the opportunity to join a flourishing community and indulge in the quintessential Delray Beach lifestyle.
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Additional Information
- Garage Spaces
- 1
- Pets Allowed
- Yes
- Construction
- Block, Concrete, Stucco
- Cooling
- Central Air, Electric
- Flooring
- Carpet
- Furnished
- Unfurnished
- Heating
- Central, Electric
- Restrict
- NoRestrictions
- Roof
- Concrete, Tile
- Taxes
- $5,574
- Utilities
- Sewer Available, Water Available
- Amenities
- None
- Waterfront
- None
- Stories
- 1
- Acres
- 0.22
- Price Per Sqft
- $831
- Elementary School
- Plumosa School of the Arts K-8
- High School
- Atlantic
Mortgage Calculator
Listing courtesy of RE/MAX Direct. Contact:
Selling Office: Posh Properties.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Brett A Colby | Email: Brett@BrettColbyGroup.com